Zambian President Hichilema appoints new finance minister


LUSAKA (Reuters) -Zambia's newly-elected President Hakainde Hichilema named experienced economist Situmbeko Musokotwane as his new finance minister on Friday, as the southern African country grapples with an unsustainable $12 billion in external debt.

At his swearing in on Tuesday, after a surprise landslide election win against incumbent Edgar Lungu, Hichilema vowed to bring public spending and the deficit under control.

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